Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-01-14

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 14
● Final60 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,292 head
▲ 787 vs last sale 505▲ 655 vs year ago 637 · +102.8%
Slaughter Cattle receipts
147 head
▲ 42 vs last sale 105▲ 36 vs year ago 111 · +32.4%
Replacement Cattle receipts
25 head
▼ 10 vs last sale 35▲ 5 vs year ago 20 · +25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers steady. Feeder heifers under 400 lbs. 10.00-15.00 lower; over 400 lbs. 2.00-5.00 lower. Slaughter cows 2.00-4.00 higher. Slaughter bulls 1.00-3.00 higher. Had a attractive set of value added cattle; rest of the offering was average. Buyer participation was active on attractive cattle; plainer cattle not as desired. Market was good considering grain prices have been on a steady incline along with softer feeder cattle futures.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $152.17/cwt on 217 head.
Average price
$152.17
217 head · 529 lb average
Value per head Derived
$806
Price × average weight ÷ 100
Grade differential Derived
$224
per head · Medium and Large 1 over Medium and Large 2
$17.39/cwt at this weight
vs the market
+4.56
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538153.77828197
Medium and Large 2443136.3860420
One grade step is worth $17.39/cwt here — about $224 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale217 hd
152.17
—
AR average9 barns · 2,941 hd
147.61
+4.56
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—Average1,74075.471,3139thin
CowsBoner 80-85%Low1,20545.5254833
CowsLean 85-90%Average92934.5832123

Every lot

60 lots · USDA AMS · Hope Livestock Auction - Hope, AR
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers22 lots · lightest first
Steers—Medium and Large 2333148.98/cwt148.00–150.004962
Steers—Medium and Large 1335177.46/cwt175.00–180.005942
Steers—Medium and Large 2373145.00/cwt145.00–145.005413
Steers—Medium and Large 1375174.88/cwt168.00–180.0065610
Steers—Medium and Large 1427170.58/cwt160.00–178.0072824
Steers—Medium and Large 2430137.01/cwt135.00–142.005896
Steers—Medium and Large 1Value Added445178.00/cwt178.00–178.007923
Steers—Medium and Large 2468133.07/cwt130.00–135.006235
Steers—Medium and Large 1474159.20/cwt155.00–165.0075515
Steers—Medium and Large 1Value Added479169.55/cwt165.00–178.0081218
Steers—Medium and Large 2518131.05/cwt128.00–135.006793
Steers—Medium and Large 1Value Added520164.64/cwt158.00–170.0085621
Steers—Medium and Large 1524150.23/cwt140.00–160.0078710
Steers—Medium and Large 1Value Added570155.96/cwt151.00–160.0088921
Steers—Medium and Large 1573139.14/cwt131.00–148.0079716
Steers—Medium and Large 2600114.00/cwt114.00–114.006841
Steers—Medium and Large 1Value Added623139.84/cwt136.00–144.0087123
Steers—Medium and Large 1623130.80/cwt125.00–138.0081511
Steers—Medium and Large 1669128.46/cwt122.00–137.0085910
Steers—Medium and Large 1Value Added685137.00/cwt132.00–141.009389
Steers—Medium and Large 1723126.52/cwt125.00–128.009152
Steers—Medium and Large 1758117.02/cwt115.00–119.008872
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1320135.78/cwt135.00–137.004344
Heifers—Medium and Large 2330124.25/cwt124.00–125.004104
Heifers—Medium and Large 1369134.92/cwt130.00–140.004986
Heifers—Medium and Large 2376118.97/cwt114.00–122.004475
Heifers—Medium and Large 1Replacement410245.00/cwt240.00–250.001,0053
Heifers—Medium and Large 1425134.26/cwt133.00–135.005714
Heifers—Medium and Large 2428118.87/cwt113.00–123.005098
Heifers—Medium and Large 1Value Added450140.00/cwt140.00–140.006302
Heifers—Medium and Large 1466126.17/cwt123.00–134.0058827
Heifers—Medium and Large 2474115.87/cwt113.00–120.005498
Heifers—Medium and Large 1Replacement505217.67/cwt200.00–235.001,0992
Heifers—Medium and Large 1521127.16/cwt123.00–135.0066318
Heifers—Medium and Large 1Value Added523136.59/cwt135.00–140.007149
Heifers—Medium and Large 2523114.77/cwt111.00–120.006005
Heifers—Medium and Large 2555112.00/cwt112.00–112.006221
Heifers—Medium and Large 1569123.86/cwt120.00–128.007057
Heifers—Medium and Large 1Value Added570129.59/cwt125.00–136.0073919
Heifers—Medium and Large 1619117.68/cwt115.00–125.0072810
Heifers—Medium and Large 1783105.00/cwt105.00–105.008222
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1478147.52/cwt142.00–155.007057
Bulls—Medium and Large 1530133.83/cwt130.00–137.007095
Bulls—Medium and Large 1571130.73/cwt125.00–135.007464
Bulls—Medium and Large 1626125.50/cwt122.00–130.007864
Bulls—Medium and Large 1695118.00/cwt118.00–118.008201
Bulls—Medium and Large 1700108.00/cwt108.00–108.007561
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,53063.06/cwt60.00–66.009653
Bulls——1,84581.67/cwt75.00–88.001,5076
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%83826.77/cwt24.00–30.002248
Cows—Lean 85-90%97738.74/cwt35.00–42.0037815
Cows—Boner 80-85%1,05834.19/cwt30.00–36.003624
Cows—Boner 80-85%1,21446.61/cwt42.00–52.0056627
Cows—Boner 80-85%1,37553.49/cwt53.00–54.007352
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 1-21,0501,000.00/cwt1,000.00–1,000.0010,5001
Bred Cows—Medium and Large 1-21,080875.00/cwt875.00–875.009,4501
Bred Cows—Medium and Large 1-21,100825.00/cwt825.00–825.009,0751
Bred Cows—Medium and Large 1-21,110721.85/cwt700.00–750.008,0132
Bred Cows—Medium and Large 1-21,223719.82/cwt650.00–775.008,8033
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 1-2917933.82/cwt875.00–1,000.008,5636

This sale against other markets

Arkansas weighted averages
One sale is one barn on one day. The state ladder is every Arkansas auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.